CryptoDaddyGettingRich

CRYPTO BEARISH RISING WEDGE WITH BEARISH MACD DIVERGENCE

Short
CRYPTOCAP:TOTAL   Capitalisation boursière totale Crypto, $
Technicals say it all, we aren't in a bull market yet! As visible on the chart bearish rising wedge on 4h total market cap with bearish macd divergence suggest we should be heading to new lows very soon! If you look on the weekly chart we can also clearly see there have been two waves down since ATH in last year, I believe what we are seeing on weekly chart right now are Elliot waves so there is a big chance of one more wave down to new lows, then accumulation phase and eventual bull market starting somewhere by the end of this year/beginning of next year.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.